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111
Oct 5, 2012
10/12
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that is why i voted to continue the last set of tax cuts because the republicans held middle-class tax cuts hostage to the tax cuts for the wealthy. my fight was to expand the child tax credit. my fight was to create the educational opportunity tax credit that help new jerseyans get their kids educated, and my fight that i lead with a republican colleague was to ensure that more than 2 million new jerseyans don't get hit by the alternative minimum tax in additional tax they should never be subject to. i succeeded working with republican colleagues. >> here are the facts. everybody's tax rates are going to go up in january. that is the plan. that is the schedule. i think i just heard that is what the senator and braces and wants. it's not about millionaires or billionaires. it's about the middle-class. that you supposedly care so much about, because those are the people that work for the small businesses that will be disproportionately impacted. one out of six people in america who work in the private sector will be impacted by these tax rates. the national federation of independent bus
that is why i voted to continue the last set of tax cuts because the republicans held middle-class tax cuts hostage to the tax cuts for the wealthy. my fight was to expand the child tax credit. my fight was to create the educational opportunity tax credit that help new jerseyans get their kids educated, and my fight that i lead with a republican colleague was to ensure that more than 2 million new jerseyans don't get hit by the alternative minimum tax in additional tax they should never be...
161
161
Oct 4, 2012
10/12
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eye 161
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federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the rates down to create more jobs because there is nothing better for getting us to a balanced budget than having more people working, earning more money, pay more taxes. that is by far the most effective and efficient way to get this budget balanced. obama: jim come you may want to move onto another topic, but i want to say this to the american people. if you believe we can cut taxes by $5 trillion that $2 trillion in additional spending that the military is not asking for, $7 trillion, just to get a sense of her 10 years, that is more than our entire defense budget. anything by closing loopholes and
federal income tax, federal payroll tax, state sales tax, state property tax, gasoline tax added up to well over 50% of what they earned. in your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. i don't want to cost jobs. my priority is jobs. and so, what i do is bring down the tax rates. lower deductions and exemptions. the same idea behind simpson/bowles, by the way, get the...
147
147
Oct 2, 2012
10/12
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CSPAN2
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eye 147
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tax. i think that's really the answer to jobs, because in a zero corporate tax rate environment if the private sector doesn't create tens of millions of jobs, i don't know what it's going to take to create tens of millions of jobs. it's the answer when it comes to exports bleeding out all existing federal tax out of all goods and services. it's the answer to china. i see manufacturing jobs flocking back to the united states given a zero corporate tax rate environment. are you hearing these things from these other two guys? no, not even remotely close. they're arguing over who's going to spend more money on medicare. romney says he wants to balance the federal budget, but that he wants to increase spending for the military. well, it doesn't add up. and if we want to believe in the things that these guys are saying, then i guess we belief in the easter bunny and santa claus and by extension the tooth fairy and, steve, i don't think thai coming. >> host: gary johnson is with us, and want to r
tax. i think that's really the answer to jobs, because in a zero corporate tax rate environment if the private sector doesn't create tens of millions of jobs, i don't know what it's going to take to create tens of millions of jobs. it's the answer when it comes to exports bleeding out all existing federal tax out of all goods and services. it's the answer to china. i see manufacturing jobs flocking back to the united states given a zero corporate tax rate environment. are you hearing these...
178
178
Oct 3, 2012
10/12
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CSPAN2
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eye 178
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i'm editor of the tax blog, tax blocks, and we're here to discuss taxes and the fiscal cliff. washington lives in sue perlatives. everything that happens here is the biggest, the worst, or the most important. how many times, for instance, have you been told that some politician is about to give the speech of his life until he gives the next speech? the taxmeggedon has the potential to be a watershed in fiscal policy. it's true. it could be another way to kick the can down the road, but it could be a tipping point to end a decade of fiscal gridlock. yesterday, the tax policy center released a new study on the cliff, and we'll talk in details, but to summarize, it found tax increases due to occur at the end of 2012, if they last for all of 2013, would raise taxes by $500 billion. the average household would pay $3500 more if this year's rules are in place. cbo says these tax hikes and hundredings of billions of dollars in discretionary spending cuts drives the economy back in recession and cost 2 million jobs. on the other hand, it also goes a long way in reducing the budget def
i'm editor of the tax blog, tax blocks, and we're here to discuss taxes and the fiscal cliff. washington lives in sue perlatives. everything that happens here is the biggest, the worst, or the most important. how many times, for instance, have you been told that some politician is about to give the speech of his life until he gives the next speech? the taxmeggedon has the potential to be a watershed in fiscal policy. it's true. it could be another way to kick the can down the road, but it could...
177
177
Oct 6, 2012
10/12
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CSPAN2
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eye 177
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unfortunately for us usually on our tax dollars. and he can do no wrong, even after this ridiculous record, the incredible damage has been done to the united states. none of it matters because the infatuation has turned into a full-blown affair that the media has had with him. now, i know we'll have audience participation at the end of the program, but as far as i'm concerned, you should feel perfectly welcome to user noisemakers to let the world know how you feel when we give our finalists to 2012 dishonors knuckle draggers award. here we go. first nominee of the night his former cnn correspondent, bob franken talking about gop candidates on this show called politics nation. and i submit to you it is on msnbc. i personally never heard of this show, but you can rest assured that the people currently underserved than have ever watched this program. it was on january 6. check it out. >> and seems to appeal to the extreme right wing of the republican party. that is to say that there continues to be under concert is a real sentiment aga
unfortunately for us usually on our tax dollars. and he can do no wrong, even after this ridiculous record, the incredible damage has been done to the united states. none of it matters because the infatuation has turned into a full-blown affair that the media has had with him. now, i know we'll have audience participation at the end of the program, but as far as i'm concerned, you should feel perfectly welcome to user noisemakers to let the world know how you feel when we give our finalists to...